Indian Feed Additives Market to Grow at 10.9% During 2023-2028, Spurred by Rising Livestock Population

July 04, 2022 | Food & Beverages

The latest report by IMARC Group, titled “Indian Feed Additives Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028,” finds that the Indian feed additives market is expected to grow at a CAGR of 10.9% during the forecast period (2023-2028). Feed additives are dietary supplements formulated by combining nutrition-rich ingredients such as feed attractants, immunostimulants, probiotics, acidifiers, and essential oils. They consist of vitamins, minerals, amino acids, and other essential nutrients that help improve the health and metabolism of animals and enhance their immune function, stress resistance, and reproduction. They also improve the quality of animal-derived products such as meat, milk, and eggs. As a result, feed additives are widely utilized across India for maintaining the overall health of the livestock on a commercial and non-commercial scale.


Indian Feed Additives Market Trends:

The market is primarily driven by the rising livestock population in the country. India currently represents one of the countries with the highest livestock population in the world. It is also one of the largest producers of milk, beef, broilers, eggs, and fish. Besides this, the escalating demand for food and animal-derived products due to the increasing population is also contributing to the market growth. In addition, with the changing lifestyles and growing consciousness toward health and wellness, consumers are widely adopting food rich in proteins, vitamins, and minerals over cereals. This, coupled with the rising emphasis of dairy farmers on livestock disease prevention, is positively influencing the market growth. Moreover, increasing exports, the growing concerns among individuals regarding the quality of animal products, and facility expansion and mergers and acquisition (M&A) activities conducted by the leading players are some of the other factors creating a favorable market outlook across India.


Market Summary:

  • Based on the source, the market has been bifurcated into synthetic and natural.
  • On the basis of the product type, the market has been classified into amino acids (lysine, methionine, threonine, and tryptophan), phosphates (monocalcium phosphate, dicalcium phosphate, mono-dicalcium phosphate, defluorinated phosphate, tricalcium phosphate, and others), vitamins (fat- and water-soluble), acidifiers (propionic acid, formic acid, citric acid, lactic acid, sorbic acid, malic acid, acetic acid, and others), carotenoids (astaxanthin, canthaxanthin, lutein, and beta-carotene), enzymes (phytase, protease, and others), mycotoxin detoxifiers (binders and modifiers), flavors and sweeteners (flavors and sweeteners), antibiotics (tetracycline, penicillin, and others), minerals (potassium, calcium, phosphorus, magnesium, sodium, iron, zinc, copper, manganese, and others), antioxidants (BHA, BHT, ethoxyquin, and others), non-protein nitrogen (urea, ammonia, and others), preservatives (mold inhibitors and anticaking agents), phytogenics (essential oils, herbs and spices, oleoresin, and others), and probiotics (lactobacilli, stretococcus thermophilus, bifidobacterial, and yeast).
  • Based on the livestock, the market has been categorized into ruminants (calves, dairy cattle, beef cattle, and others), poultry (broilers, layers, and breeders), swine (starters, growers, and sows), aquatic animals, and others.
  • On the basis of the form, the market has been segregated into dry and liquid.
  • On the geographical front, the market has been divided into North India, West and Central India, South India, and East India.
  • The competitive landscape of the market has been examined in the report, along with the detailed profiles of the key players operating in the industry.


Report Scope:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Million
Segment Coverage Source, Product Type, Livestock, Form, Region
Region Covered  North India, West and Central India, South India, East India
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Indian Feed Additives Market to Grow at 10.9% During 2023-2028, Spurred by Rising Livestock Population
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